Global Double Base Propellant Market Growth 2024-2030

Global Double Base Propellant Market Growth 2024-2030

Double base propellant is a type of propellant composed of nitrocellulose and nitroglycerin. It is commonly used in military applications such as artillery shells, rockets, and large caliber ammunition due to its higher energy density compared to single base propellant.

The global Double Base Propellant market size is projected to grow from US$ 2481.8 million in 2023 to US$ 3097.4 million in 2030; it is expected to grow at a CAGR of 3.2% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Double Base Propellant Industry Forecast” looks at past sales and reviews total world Double Base Propellant sales in 2023, providing a comprehensive analysis by region and market sector of projected Double Base Propellant sales for 2024 through 2030. With Double Base Propellant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Double Base Propellant industry.

This Insight Report provides a comprehensive analysis of the global Double Base Propellant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Double Base Propellant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Double Base Propellant market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Double Base Propellant and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Double Base Propellant.

The market for double base propellant is closely tied to defense spending and the demand for advanced weaponry. Technological developments aimed at improving performance while ensuring safety and stability are key factors driving market trends in this segment.

This report presents a comprehensive overview, market shares, and growth opportunities of Double Base Propellant market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Solid Propellant
Liquid Propellant

Segmentation by application
Military
Aerospace
Civilian
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Explosia
General Dynamics
Nitrochemie
Australian Munitions
Rheinmetall Defence
Eurenco
MAXAM Corp
BAE Systems
Forcit

Key Questions Addressed in this Report

What is the 10-year outlook for the global Double Base Propellant market?

What factors are driving Double Base Propellant market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Double Base Propellant market opportunities vary by end market size?

How does Double Base Propellant break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.